💨 Abstract

Ericsson reports improved earnings and sales, driven by a rebound in demand for 5G equipment in North America. The telecom equipment market is showing signs of recovery, with North America returning to growth. However, sales in Europe and other markets are still declining, including a significant slowdown in India. Changes in the geographic mix have led to a jump in adjusted gross margin.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖